The proximity of Vedanta Resources’ large bond maturity in January 2024 has increased the likelihood of the company undertaking a liability management exercise, S&P Global said. The parent of Vedanta Ltd has initiated talks with bondholders to help address the company’s bond maturities of about $3 billion, including $1 billion in January 2024
Cochin Shipyard shares tumble 8% as Q2 profit falls 50% YoY despite revenue growth
Cochin Shipyard shares fell sharply on Wednesday after the company reported a nearly 50% year-on-year decline in Q2 FY27 net profit to Rs 54 crore.